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Willets Point Commons Phase One Lottery Closes Early

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Here's the important part to know right now: the Phase 1 lottery opened December 12, 2025, ran for about two and a half months, and closed February 25, 2026. WELL ahead of schedule, shut down by what officials called overwhelming demand. The response underscored just how badly affordable housing is needed in this city. If you missed it, you missed it, for now - but there are many more units in the pipeline for this development.
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NYC’s Most Expensive Sales of 2026 So Far (With Floorplans!)

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New York's luxury market never really slows down and it definitely doesn't play by anyone else's rules. While everyone debates rates, ultra-high-end buyers are making moves, writing big checks, and chasing a very small pool of homes that actually stand out. When something special hits, it does not sit. So far in 2026, the ten most expensive residential closings in the city have totaled well over $350 million.
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Homes Are Not Birkin Bags. Stop Treating Them Like One.

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At The Real Deal's NYC Forum last week, Corcoran CEO Pam Liebman and Brown Harris Stevens CEO Bess Freedman got into it over private listings. Freedman has been vocal: get listings on the open market, share them across brokerages, let buyers see the data. Liebman pushed back with a now-infamous line. Freedman compared days-on-market to the odometer on a used car, Liebman rejected the analogy, comparing buying a home to shopping for an Hermès bag.
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NYC on a Budget: The 5 Most Affordable Neighborhoods Near Manhattan (30 Minutes or Less!)

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Living in New York City doesn't have to mean sky-high rents and wallet-crushing expenses. Believe it or not, there are still neighborhoods in Manhattan, Brooklyn, and Queens where you can live affordably and get to Manhattan in under 30 minutes by train. Whether you're looking to rent, buy, or just explore new areas, these five neighborhoods offer the best of both worlds: affordability and convenience. 1. Washington Heights (Manhattan) Average Rent: ~$2,200/month for a 1BR Trains: A, C, 1 Commute to Midtown: ~25 minutes Washington Heights sits at the northern tip of Manhattan and remains one of the borough's best-kept secrets. The neighborhood offers a strong sense of community, tree-lined streets, and cultural gems like the Cloisters and Fort Tryon Park. Rents are much lower than the rest of Manhattan, and pre-war apartments offer spacious layouts at a relative bargain. Why Move Here: Manhattan living without Manhattan prices, and a quick train ride downtown. ...
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